$775,000
●
House -
Off Market
1 Willow Island
Patterson, NY 12563
4 Beds
1 Bath,
1
Half Bath
1,922 Ft²
$1,011,025
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Welcome to Serenity at its Finest. Welcome to Willow Island. Own
your private island for under $1 million less than 60 miles away
from NYC. Just over a half acre, the island offers two boating
docks, a 600 sqft studio perfect for an art/yoga studio, and an
updated colonial style home. The home offers 4 beds & 1.5 baths,
with views of Putnam Lake from every room. On the main level you
have an inviting open floor plan from kitchen to dining to living.
Off of the main living is a great sized deck overlooking the lake.
Downstairs is your oversized mudroom, as well as ample storage
space. Like what you see? Willow Island is available furnished!
Updates include: stone fireplace, hardwood floors, SubZero fridge &
Viking range. You can live here year round! All essentials on the
island, including power, heat, hot water, internet, cable, and
washer/dryer...everything you need for everyday living! On the main
land is your garage to store vehicles while on the island. Lake
living at its finest! Additional Information: Amenities:Guest
Quarters,Storage,
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$442
Property Type
House
Property Taxes
$1,114
HOA Dues
-
Year Built
1932
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (OneKey MLS #KEYH6060632)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by Keller Williams Realty Partner | $850,000 | |
| Listed by Keller Williams Realty Partner | |||
| | |||
|
Welcome to Serenity at its Finest. Welcome to Willow Island. Own your private island for under $1 million less than 60 miles away from NYC. Just over a half acre, the island offers two boating docks, a 600 sqft studio perfect for an art/yoga studio, and an updated colonial style home. The home offers 4 beds & 1.5 baths, with views of Putnam Lake from every room. On the main level you have an inviting open floor plan from kitchen to dining to living. Off of the main living is a great sized deck overlooking the lake. Downstairs is your oversized mudroom, as well as ample storage space. Like what you see? Willow Island is available furnished! Updates include: stone fireplace, hardwood floors, SubZero fridge & Viking range. You can live here year round! All essentials on the island, including power, heat, hot water, internet, cable, and washer/dryer...everything you need for everyday living! On the main land is your garage to store vehicles while on the island. Lake living at its finest!
| |||
| Sep 24, 2015 | Sold | ||
| Sold | |||
| Apr 21, 2015 | Listed by Keller Williams Realty Partner | $400,000 | |
| Listed by Keller Williams Realty Partner | |||
Property Highlights
Parking Available
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017